Express

The UK May Release New Crypto Legislation By June Or July

Mary Liu

Summary: The British government will introduce legislation for stablecoins and crypto asset staking, exchanges and custody by June or July, Economics Secretary Bim Afolami told the Innovative Finance Global Summit on Monday. Afolami said the country was now working to pass legislation to put final recommendations on regulation into place. Once online, a series of crypto ...

The British government will introduce legislation for stablecoins and crypto asset staking, exchanges and custody by June or July, Economics Secretary Bim Afolami told the Innovative Finance Global Summit on Monday.

Afolami said the country was now working to pass legislation to put final recommendations on regulation into place. Once online, a series of crypto asset activities including operating exchanges, custody of customer assets, etc. will enter the scope of supervision for the first time.

Last Update:

Tags: ,,,
Link: The UK May Release New Crypto Legislation By June Or July   [Copy]
  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 2 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 8 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 11 days ago
  • Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 12 days ago
  • The Crypto IPO Wave: From Fringe to Front Page 15 days ago
  • You need to login to comment.